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Ecuador Leader Opts Out of Fourth Presidential Bid, Backed by Alliance

© Sputnik / Mikhail Fomichev / Go to the mediabankEcuador President Rafael Correa
Ecuador President Rafael Correa - Sputnik International
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Ecuadorian President Rafael Correa will not seek a fourth term in office, his ruling leftist movement PAIS Alliance said in a statement.

British police officers stand guard at the Ecuadorian Embassy in central London, Wednesday, Aug. 15, 2012. - Sputnik International
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MOSCOW (Sputnik) – "The President will remain in office for four years and may be reelected only once," the declaration, published late Wednesday, said.

The group issued its declaration after deliberations resulted in 16 constitutional amendments, including a two-term limit for presidents effective in 2017.

"[S]upport for the decision of President Rafael Correa not to participate in the next electoral process and support the consolidation of new political cadres," the declaration added.

Correa assumed office in 2007 and was reelected in 2009 and 2013.

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